IMF Calls On FG To Remove Fuel Subsidy The Managing Director, International Monetary Fund, Christine Lagarde, has called on the Federal Government to remove fuel subsidy, saying it is the right thing to do. Addressing a press conference on Thursday at the on-going joint annual spring...

The World Bank and International Monetary Fund, IMF, have piled pressure on the Federal Government to come up with an economic blueprint, if its drive for foreign loans was not to be stalled. Vanguard gathered that officials of both financial institutions have questioned the...

The International Monetary Fund is prepared to lend money to Nigeria and other countries facing economic crisis at zero interest rate in order to stimulate their recovery. The Managing Director, IMF, Christine Largade, said this in Washington DC, United States, at the ongoing annual meetings...

World ‘bribery’ estimate tops $1.5tr After several years of playing the script of globalization, which was premised on mutual benefit, but eventually solidified the foundation of global inequality, the International Monetary Fund has admitted that it is a double-edged sword. Besides, with the institution working to...

Barely five months after the federal government assured Nigerians that it will not increase Value Added Tax and corporate taxes, plans seem to have been concluded to increase VAT from five per cent to 10 per cent.   It would be recalled that the Minister of...

The International Monetary Fund (IMF) has given its Managing Director, Christine Lagarde, a new term of office till 2021. The five-year tenure, which was approved by the International Monetary and Financial Committee (IMFC), was in recognition of Lagarde’s contribution in the face of challenging times...